Sign In
Pricing

2022
Flag → Flag
Exports $198MRnk 82 / 138
2022
Flag → Flag
Exports $43.8MRnk 26 / 194
2022
Flag → Flag
Top Product $35.1MPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Russia-Cyprus Trade: In 2022, Russia exported $198M to Cyprus. The main products that Russia exported to Cyprus were N/A. Over the past 5 years the exports of Russia to Cyprus have decreased at an annualized rate of 10.9%, from $352M in 2017 to $198M in 2022.

In 2020, Russia exported services to Cyprus worth $3.15B, with Transportation ($1.61B), Other business services ($542M), and Computer and information services ($420M) being the largest in terms of value.

Cyprus-Russia Trade: In 2022, Cyprus exported $43.8M to Russia. The main products that Cyprus exported to Russia were Planes, Helicopters, and/or Spacecraft ($35.1M), Tug Boats ($4.64M), and Packaged Medicaments ($1.64M). Over the past 5 years the exports of Cyprus to Russia have decreased at an annualized rate of 3.4%,  from $66.3M in 2017 to $43.8M in 2022.

In 2020, Cyprus exported services to Russia worth $2.74B, with Financial services ($1.73B), Transportation ($447M), and Computer and information services ($404M) being the largest in terms of value.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $5.57M and imported $489k from Cyprus, resulting in a positive trade balance of $5.08M. Between January 2021 and January 2022 the exports of Russia have decreased by $-12.6M (-69.3%) from $18.2M to $5.57M, while imports increased by $224k (84.9%) from $264k to $489k.

Trade In January 2022, the top exports of Russia to Cyprus were Tug Boats ($12.9M), Other Vegetable Residues ($1.04M), Starch Residue ($963k), Carbonates ($805k), and Corn ($624k). In January 2022 the top imports of Russia from Cyprus were Packaged Medicaments ($93.2k), Other toys ($90.1k), Other live plants, cuttings and slips; mushroom... ($34.3k), Perfume Plants ($30.6k), and Centrifuges ($11.8k).

Origins In January 2022 the exports of Russia were mainly from ROSTOV REGION ($2.02M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($497k), MOSCOW REGION ($446k), REPUBLIC OF BASHKORTOSTAN ($421k), and LENINGRAD REGION ($329k), while imports destinations were mainly MOSCOW REGION ($451k), ST. PETERSBURG ($27.5k), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($9.07k), SMOLENSK REGION ($593), and UDMURTIAN REPUBLIC ($53.5).

Growth In January 2022, the decrease in Russia's year-by-year exports to Cyprus was explained primarily by an decrease in product exports in Coal Briquettes ($-2.5M or -99.5%), Raw Aluminium ($-987k or -64.4%), and Refined Petroleum ($-111k or -78.7%). In January 2022, the increase in Russia's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Centrifuges ($4.47k or 61%) and Integrated Circuits ($137 or 7.84k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$-12.6M(-69.3%)
IMPORT GROWTH (January 2021 - January 2022)$224k(84.9%)
MAIN EXPORTER (January 2022)ROSTOV REGION$2.02M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Cyprus and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cyprus and Russia Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $198M to Cyprus. There were not main exports from Russia to Cyprus in 2022. During the last 5 years the exports of Russia to Cyprus have decreased at an annualized rate of 10.9%, from $352M in 2017 to $198M in 2022.

In 2017, Cyprus exported $43.8M to Russia. The main products exported from Cyprus to Russia were Planes, Helicopters, and/or Spacecraft ($35.1M), Tug Boats ($4.64M), and Packaged Medicaments ($1.64M). During the last 5 years the exports of Cyprus to Russia have decreased at an annualized rate of 3.4%, from $66.3M in 2022 to $43.8M in 2017.

Exports from Russia (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to Russia (Flag) (2022)

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Cyprus
Top DestinationHong Kong$482M

This map shows whether countries import more from Russia or Cyprus. Each country is colored based on the difference in imports they receive from Russia and Cyprus or the difference in the growth in imports.

In 2022, countries that imported more from Russia than Cyprus included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Cyprus than Russia included Liberia ($255M), Marshall Islands ($173M), and Libya ($133M).

Difference in imports from Cyprus (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Cyprus

Flow
Scale

This chart compares trade between Russia and Cyprus by product, considering products traded by both, Russia and Cyprus.

During 2022, Russia had a large net trade with Cyprus in the exports of Mineral Products ($156M), Transportation ($24M), and Vegetable Products ($5.26M).

During 2017, Cyprus had a large net trade with Russia in the exports of Transportation ($39.7M), Chemical Products ($1.71M), and Instruments ($1.15M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Cyprus+N/AN/A
Top Product Potential Cyprus Russia+N/AN/A

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Russia exported services to Cyprus worth $3.15B, with Transportation ($1.61B), Other business services ($542M), and Computer and information services ($420M) being the largest in terms of value.

In 2020, Cyprus exported services to Russia worth $2.74B, with Financial services ($1.73B), Transportation ($447M), and Computer and information services ($404M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Cyprus (Flag) (2020)

Services Exports from Cyprus (Flag) to Russia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Russia and Cyprus. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over Cyprus. Similarly, a dot/product with the flag of Cyprus indicates it has a comparative advantage over Russia.

Product Space of Russia (Flag) and Cyprus (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms